This archive report was first published on 16 September 2019.
President Uhuru Kenyatta's wealth is not only attributed to his political career but also to his diverse business ventures. As of 2019, his business empire has grown significantly, with various companies operating in different sectors.
Published on September 16, 2019, this article takes a closer look at some of the key business ventures associated with President Kenyatta.
Business Ventures ¶
- Tourism President Kenyatta is associated with the Heritage Hotels, a multibillion-dollar world-class hotel chain.
- Banking He has a stake in CBA, a regional bank with an asset base of 75.4 billion.
- Insurance Chartis, formerly AIG, has a market share of 5% under his business interests.
- Dairy Brookside, a leading dairy company in Kenya, and Spin Knit are among the dairy-related businesses associated with President Kenyatta.
- Education Peponi schools, an international chain of schools, charge an average of 620,000/= per term per child for borders.
- Farming Large-scale coffee, tea, and Sisal farming concerns, with farms in Central, Rift Valley, and Coast regions, are also part of his business portfolio.
The construction of the Kenyatta family's Sh. 500 billion city has also kicked off, further expanding President Kenyatta's business interests.